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1200 C.OUNIY-G rv Bunnwc <br />227 W ~EFFERSON BOULEVARD <br />Sourtt BENn,1NIxANA 46601-1830 <br />PHONE 574/'">35-9371 <br />FAx 574/235-9021 <br />TDD 574/ 235-5567 . <br />LI"1'Y' t)P SOUTH BENll STEPHEN J. LUECI:E, MAYOR <br />COMMUNITY & ECONOMIC DEVELOPMENT <br />~EFFREY V. GIBNEY <br />PxI:<;uTrvE Draec'rt~a <br />April 23, 2008 <br />Council Member Derek D. Dieter, Chairperson <br />Community & Economic Development Committee <br />South Bend Common Council <br />4th Floor, County City Building <br />South Bend, IN 46601 <br />RE: Commercial Real Property Tax Abatement Petition for: <br />ls~ SOURCE LAND TRUST #13 (ROBERT F. JAGGER) d/b/a OLD FORT <br />BUILDING SUPPLY OF SOUTH BEND, INC. <br />Dear Council Member,Dieter: <br />Please find attached the Department of Community & Economic Development's report on a <br />commercial real property tax abatement petition for the above-referenced petitioner for construction <br />of a storage warehouse and additional outside storage areas located at 1401 South Main Street. The <br />petition was filed by Old Fort Building Supply of South Bend, Incorporated on behalf of the 1St <br />Source Land Trust #13 (Robert F. Jagger). Also attached is a copy of the petition, Statement of <br />Benefits form, and supporting information. <br />The report contains the Department's findings relative to the above petition. The petitioner, 1St <br />Source Land Trust # 13, proposes to construct a 12,000 square foot warehouse and adjacent outdoor <br />storage area for the masonry products that Old Fort Building Supply sells. The total cost of the <br />project is estimated to be $325,000. The petitioner is seeking afive-year (5) real property tax <br />abatement, and a representative of the petitioner will be available to meet with the Committee on <br />Monday, May 12, 2008. <br />Should you or any of the other Council members have any questions concerning the report, or need <br />additional information, please feel free to call me at 235-5835. <br />Sincerely, <br />~f ~"~~ ,/~~f. ,fir, ,. <br />Bob Mathia <br />Assistant Director, <br />Economic Development <br />COMMUNITY DEVELOPMENT ECONOMIC DEVELOPMENT FINANCIAL RC PROGRAM <br />PAMELA C. MEYER DONALD F.. INKS MANAGEMENT <br />574/235-9660 574/235-9371 ELIZABETH LEONARb <br />Fnx: 574/235-90,97 5741235-9371 <br />